Court grants preliminary approval of settlements with firms in Gibson

The court has granted plaintiffs’ motion for preliminary approval of settlements proffered by Compass, The Real Brokerage, Realty One Group, At World Properties and Douglas Elliman in the Gibson commission lawsuit. Continue reading

EXp eyes growth with leadership team shuffle

The company has promoted Amy Weaver to serve as a senior vice president over U.S. growth. The promotion comes in the wake of C-suite shakeups at the brokerage. Continue reading

Engel & Völkers enters Philadelphia, Mexico City markets

Engel & Völkers Philadelphia will be led by Jim Becker, Ed Casella and Logan Rothman, while Mexico City will be helmed by Rodrigo Pérez del Toro and Malusa de Nova. Continue reading

March rents grew dramatically in Chicago and these 4 other cities

Eighteen of the 50 largest U.S. metro areas witnessed rents rise on an annual basis in March, especially in the Northeast and Midwest, where a lack of rental supply is common and owning a home is costly. Continue reading

Apartment List rolls out Lea Pro, a bot for lead conversions and tours

The artificial intelligence-fueled tool allows leasing agents and landlords to generate new leads more efficiently, providing speed without the need for additional personnel, among other benefits. Continue reading

Investing app Backflip sticks landing, secures $15M Series A

Backflip, a company that built an application to help investors analyze and finance properties to flip, has secured a $15 million Series A round of funding. Continue reading

Anywhere’s revenue holds steady in Q1 amid ‘tough’ housing market

Generated revenue remained flat at $1.1 billion from the same period a year ago while the franchisor improved net losses by 27 percent year over year to a loss of $101 million, according to a Thursday earnings call. Continue reading

WeWork creditors urge consideration of Neumann’s offer

The company’s unsecured creditors seem to be tiring of its piles of debt, and say that to not seriously consider the ex-CEO’s generous bid on the company is “inexcusable.” Continue reading

Tim Rodland launches new Bahamas luxury brokerage

Rodland Real Estate, which operates across the archipelago, provides clients a private members portal with access to off-market properties. With the network Rodland has built over the years, the firm is particularly well-suited to aid newcomers to The … Continue reading

Gone, not forgotten: The Oklahoma City bombing 29 years later

Kari Watkins, Chris Fleming and Donna Weaver were forever changed by the April 19, 1995, Oklahoma City bombing. Twenty-nine years later, they reflect on life since. Continue reading